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Valuation multiples for F2P games–the Innogames valuation
It’s not often that you get details about the acquisition of private companies, but the recent acquisition of a stake in Innogames by Sweden’s MTG is a rare counter-example. In an extremely detailed official announcement, Innogames stated...
- Posted 8 years ago
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Bigpoint gets bought, but for half a billion dollars less than its most recent investment valuation, a fall of over 80% in 5 years
In April 2016, lots of sites reported that Germany’s Bigpoint, one of the pioneers of browser and F2P gaming, was bought by Chinese firm Youzu Interactive, for Eur80m ($89.7m). They bought into the PR spin that this...
- Posted 8 years ago
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Hostile takeovers come to the Games industry, perhaps for the first time ever
Korean publisher Nexon, listed on the Tokyo Stock Exchange, has built a 33% "hostile" position in Taiwanese firm Gamania
- Posted 13 years ago
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Did OpenFeint really just sell for 368x revenues?
Earlier this week, Japan’s Gree bought OpenFeint for $104 million. The nice thing about Japanese transactions is that listed companies have to give details of the transaction. Here are the details they gave about the underlying revenues and...
- Posted 14 years ago
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Has EA’s acquisition strategy shifted from content to distribution?
The acquisition of Chillingo by EA last week set tongues wagging, particularly when Angry Bird’s developer Rovio went on an aggressive PR campaign to emphasise that the rights to Angry Birds were not part of the deal....
- Posted 14 years ago
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Was Chillingo really worth only 1/20th of ngMoco
Yesterday, I wrote a post entitled Ten games companies that are blessed. Three hours later, the rumour broke that Electronic Arts had acquired Chillingo, the British iPhone publisher that I had put on the list. The price...
- Posted 14 years ago
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Has the acquisition of Playdom created a disgruntled workforce for Disney?
I was reading the TechCrunch report of Disney’s acquisition of Playdom and this comment leaped out at me: “The sad truth is that 90% of employees got nothing immediately from this deal. 90% of Playdom employees joined...
- Posted 14 years ago